Genesis jitters keep investors on edge as contagion risks grow
Top blockchain and crypto news: Fear stalks crypto as Genesis wobbles. FTX cleanup begins. China’s NFT scene shrinks.
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Thai crypto exchange eyes Hong Kong for possible public share sale in 2024: report
Bitkub, one of the largest crypto exchanges in Thailand, is aiming to list in Hong Kong as early as 2024 when it goes public.
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Markets: Bitcoin, other tokens add to losses in Asia trading Monday
Bitcoin and Ether extended their losses through late Asian trading on Monday, as did all the top 10 non-stablecoin cryptocurrencies by market capitalization. Dogecoin was the biggest loser.
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How Hong Kong and Singapore can make Asia the center of crypto’s future
Yes, there is rivalry between the two global finance hubs. But their strengths are also complementary for Asia to become an even bigger crypto powerhouse, writes Lily Z. King.
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FTX collapse leaves investors jittery over crypto contagion
Top blockchain and crypto news: FTX fallout spooks sector. Crypto.com’s $400 million ‘accident.’ Hong Kong’s new digital asset drive.
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Bitcoin gains 5% as U.S. inflation slows down in October
Bitcoin gained 5% after the U.S. Bureau of Labor Statistics reported that the consumer price index (CPI), a key inflation indicator, rose 0.4% in October from September. CPI was up 7.7% from a year earlier, less than the expected 7.9%, and down from 8.2% in September. October’s CPI recorded the smallest 12-month increase since January.
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Binance set to swallow FTX as run on exchange allows CZ to swoop
Top blockchain and crypto news: FTX concedes defeat in long battle with Binance. Crypto eyes Congress races. Hong Kong U-turns on digital assets.
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Markets: Bitcoin, Ether fall; Dogecoin interest fades
Bitcoin and Ether dropped in afternoon trading in Asia along with almost every other top 10 cryptocurrency by market capitalization, excluding stablecoins. MATIC was the only coin to gain.
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Hong Kong needs engineering talent to reclaim role as digital asset hub
Hong Kong’s latest FinTech policies indicate it wants to reclaim its position as a hub for cryptocurrencies and digital assets, but that means finding the right people for the job.
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Markets: Bitcoin, Ether gain; DOGE leads top 10 crypto losses; Hang Seng rises 5%
Bitcoin and Ether gained with mixed results across the top 10 cryptocurrencies by market capitalization, excluding stablecoins. The Hong Kong Hang Seng Index gained 5.30% amid speculation that the Chinese economy will soon reopen.